Weststar Financial Services Corp (fka WFSC)

[SuperC]

Let's say there are 500 stocks run daily through iHub. Let's also say you see using whatever software you have set up, those 500 trading when the market is open, and you see an additional 100 that don't trade on Ihub.

Knowing that most symbols are overplayed with multiple bag-holders at different levels.... which symbols would you prefer to look at, DD?

Of course, it would be the 100 you scan that seldom come up on a regular bases.

Now the big question is.... and you already know what I'm going to ask?

How would you know the less played 100 if you didn't know the 500 played regularly?

Asked another way.... if you read 600 symbols during trading while the market is open between .001 to .05c, could you through process of elimination pick out the 100?

Bottom line is you need to know at least a little about the 500 so that when they come up in real-time? You take a quick glance and move on, this one in your opinion is not optimal for trading.

So you need to know what NOT to play... in order to know what TOO Play.

WFSC came up on my scanner, and using the above method it was easy to spot. Moved it immediately to L2 & Time_Sales.... watched how it traded while in research-mode.

I have a data base of about 1500 or so between .01 to .05c so that when one comes up that is less played or not played at all it's easy to spot [since I know the database] and then quickly DD/Research and make a decision to process further or move on.

Again, scanning back and during the day the 7th of Jan was easily recognizable as a disparate volume day.

http://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=27717&i=WFSC&pv=recent-symbols&pp=WFSC#&&vs=634956310595032407

One of the keys in looking at historical is not too put to much emphasis on Dec 27th with 44k volume. Because if you did, the 120k or so during the 7th before close would not have looked that significant.

If you see a high volume day count the days back and of course divide by 10. Here it was easy, one day rounded off, 44k another 3k = 47k / 10 4.7k or 5k_approx.

Then when you had the 5k in mind during one's first scan on high volume Jan 7th, and say it already had 120k, that's 120k vs 5k_volume 10dayavg

Ultimately what your looking for is approx. 7x to 10x volume when spotted going back 10 days.

120k / 5k = would have been 24x the 10dayavg. volume which would be an extreme case. Making it more of an alert.

WFSC good stuff.

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